NI to set up R&D centre in India

Vipin Kumar

NEW DELHI, March 5

COMPUTER-BASED measurement and automation major, National Instruments (NI), is setting up a research and development (R&D) centre in India as a first step towards beefing up its operations in the country.

The $400-million NI will have at least 25 people working in the R&D centre by year-end. According to Mr. Chandran Nair, Product Marketing Manager, the company is now on the look-out for engineering talents from IITs and other premier institutes.

Speaking to Business Line here, Mr. Nair said the Texas-based company secured the Foreign Investment Promotion Board's approvals in August last to set up a wholly-owned subsidiary, NI Systems India Ltd, headquartered in Bangalore. In addition to the R&D centre, NI was also in the process of establishing a strong marketing network in India by branching out to other cities like Delhi and Pune.

Set up in 1976, NI develops and manufactures integrated software and hardware products, which can be combined with standard computers to replace and/or communicate with traditional instruments and to monitor control processes.

The Nasdaq-listed NI has a slew of products in the areas of software, instrumentation, data acquisition and industrial networks. It has a market share of 80 per cent in the test and measurement software segment and is present in 26 countries.

``By year 2005, we are targeting a market share of 60-80 per cent in software and 50-70 per cent in hardware in India in our respective area,'' Mr. Nair said, adding that the company would target the automobile industry, research labs, educational institutions and power plants.

According to Mr. Jayaram Pillai, Business Development Manager of NI Systems India, about Rs. 50 lakhs will be invested in the R&D centre in the first stage. ``In the next five years, we would be investing a couple of million dollars in India,'' he said.
Source : The Business Line. March 6, 2000